diff --git a/.github/ISSUE_TEMPLATE/bug_report.md b/.github/ISSUE_TEMPLATE/bug_report.md
index 13d71526..47fd5a2c 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.md
+++ b/.github/ISSUE_TEMPLATE/bug_report.md
@@ -30,7 +30,7 @@ If applicable, add screenshots to help explain your problem.
 **Environment**
 
 - Nova version: <!-- [e.g. 6.1 (267836)] get this from Nova > About Nova -->
-- Extension version: <!-- [e.g. 2.4.0] get this from the Nova Extension Library -->
+- Extension version: <!-- [e.g. 2.5.0] get this from the Nova Extension Library -->
 - TypeScript version: <!-- [e.g. 4.2.4] get this from your project, e.g. run `yarn run tsc --version` in your terminal -->
 - Sidebar information: <!-- [e.g. Status Running, TypeScript Version 4.2.4] get this from the extension sidebar -->
 - macOS version: <!-- [e.g. 11.2.3 (20D91)] get this from  > About This Mac -->
diff --git a/typescript.novaextension/CHANGELOG.md b/typescript.novaextension/CHANGELOG.md
index 016a13ad..7b81f2be 100644
--- a/typescript.novaextension/CHANGELOG.md
+++ b/typescript.novaextension/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## v2.5.0
+
+- Upgrade to TypeScript 4.7
+   - Add additional configuration option support
+   - Add partial support for new file types: `.cts` and `.d.cts` (CommonJS modules) and `.mts` and `.d.mts` (ES modules)
+- Upgrade underlying `typescript-language-server` from v0.5.4 to v0.11.0 ([changelog](https://github.com/typescript-language-server/typescript-language-server/blob/v0.11.0/CHANGELOG.md))
+
 ## v2.4.0
 
 ### Added
diff --git a/typescript.novaextension/extension.json b/typescript.novaextension/extension.json
index 556225aa..2eb5ab6e 100644
--- a/typescript.novaextension/extension.json
+++ b/typescript.novaextension/extension.json
@@ -3,7 +3,7 @@
   "name": "TypeScript",
   "organization": "Cameron Little",
   "description": "Advanced TypeScript and JavaScript language support for Nova",
-  "version": "2.4.0",
+  "version": "2.5.0",
   "categories": [
     "completions",
     "formatters",